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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (6552)	3/26/2009 10:32:58 AM
From: RetiredNow	2 Recommendations Read Replies (1) \| Respond to of 86355

Here's the real story on the deficits that Obama has inherited from Bush, for anyone that is interested in facts, not spin... The bailouts so far, since the economy started tanking, have cost the following amounts: TOTAL Allocated = $12.7 trillion Spent = $2.7 trillion Dec 2007-Jan 2009..during Bush's Tenure Allocated = $11.4 trillion Spent = $2.6 trillion Feb 2009-Present..during Obama's Tenure Allocated = $1.3 trillion Spent = $0.1 trillion money.cnn.com Notice the Spent number. That plus Bush's last budget put the US government on a runrate of spending that left Obama with massive inherited deficits and debt. Turning that ship around is one hell of a tough job. It's simply dishonest to blame this mess on Obama, when Bush and Paulson and the GOP were behind the bulk of the spending today and Obama's plan is focused on reducing the inherited deficits, while simultaneously rescuing our economy.

To: Road Walker who wrote (6552)	3/26/2009 11:35:27 AM
From: TimF	Read Replies (1) \| Respond to of 86355

Actually there are some pretty good reasons. There are new factories going up which will give scale, and there is a ton of research going on for better solutions at both the manufacturing and university level. Those aren't even close to good reasons to think that the capability for price improvement from batteries will be anywhere close to what we had for computers. Those factors applied in many situations, most of which had nowhere near the level of improvement that we had in computers. If you used the same logic we wouldn't have airports which are built primarily with public money. The fact that public money was primarily used doesn't mean they wouldn't exist without public money. Also airports have a better claim as public infrastructure, than consumer items like electric cars or the batteries that go in to them.